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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: herry iball who wrote (9573)12/14/2001 12:34:44 AM
From: J.T.  Respond to of 19219
 
One negative to ABX is that it hedges gold and therefore upside is not as great as say NEM which does not hedge. However ABX purchase of HM should help over the intermediate to long term reducing hedge exposure on the books.

Best Regards, J.T.



To: herry iball who wrote (9573)12/14/2001 9:48:38 AM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Big breakout in gold and XAU...

gona hit XAU 55.20 minimum target this morning far ahead of schedule...

Message 16788228

Now at XAU 54.88 up $1.23

Spot Gold up $2.10 to $276.20..

Happy Holidays...

Best Regards, J.T.


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